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Finance News — Page 219
S&P 500 closes above 7,200; Dow up 790 points
U.S. equities surged on April 30, with the S&P 500 closing above 7,200 for the first time, the Dow gaining 790 points, and the Nasdaq hitting new records, driven by strong earnings from Caterpillar an
Powell Stays as Fed Governor to Shield Independence
As his chairmanship ends, Jerome H. Powell will stay on the Federal Reserve board to safeguard the central bank’s independence amid a Trump administration reeling from a judicial rebuke. Axios notes t
Zuckerberg: Memory Pricing Drives Meta's $10B Capex Hike
Meta Platforms raised its full-year capital expenditure forecast by $10 billion, with CEO Mark Zuckerberg attributing most of the increase to rising component costs—especially memory pricing—signaling
Polymarket adds Chainalysis for real‑time oversight
Polymarket has partnered with Chainalysis to monitor real‑time on‑chain trading activity and combat insider trading, aiming to bring Wall Street‑level oversight to its crypto prediction market and boo
Stock Market Today: Dow Rises After Inflation Data; Caterpillar Soars Past Entry, Meta Plunges (Live Coverage) - Investor's Business Daily
The Dow jumped 600 points on softer inflation data, while industrials like Caterpillar rallied and tech giants Meta and Microsoft faltered. Barron's reports Microsoft’s earnings slide despite strong c
Meta stock sinks after Q1 earnings as company raises 2026 AI spending forecast to $125 billion-$145 billion - Yahoo Finance
Meta’s shares tumbled 9% after its Q1 results, even though earnings beat expectations, as the company lifted its 2026 AI budget to $125‑$145 billion, prompting investor anxiety about the return on tha
Oil prices whipsaw while US stocks glide near their record heights - AP News
US equities edged higher, with the S&P 500 perched above 7,100 and the Nasdaq riding its longest winning streak since 1992, buoyed by strong earnings from Alphabet and Amazon. Meanwhile, oil prices sw
Bitcoin Falls to $76k as Fed Holds Rates AI Cloud Gains
Bitcoin slipped to $76k after the Fed’s final policy meeting kept rates steady and investors weighed Iran‑related supply shocks, while AI‑driven cloud earnings lifted Google, Amazon and Microsoft; Met
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Caterpillar Lifts Dow 790 Points as Tech Earnings Split Markets
U.S. stocks closed sharply higher on the final trading day of April, with the Dow jumping 790 points on a 10% surge in Caterpillar, while mixed Big Tech earnings pushed the Nasdaq up a more modest 0.9
PCE Inflation Surges to 3.5% as Iran War Lifts Gas Prices
The Fed's preferred PCE inflation gauge jumped 0.7% in March — the biggest monthly gain since mid-2022 — pushing the annual rate to 3.5%, its highest in nearly three years, as the Iran war sent gas pr
Gold rises from 1‑month low as Fed outlook, Iran fears
Gold rebounded from a one‑month trough as the dollar slipped and investors weighed a hawkish Fed outlook alongside rising Iran‑related geopolitical risk. Reuters, Bloomberg and Investing.com all note
U.S. Debt Tops 100% of GDP - WSJ
U.S. national debt has surged past the 100%‑of‑GDP mark, hitting roughly $39 trillion — a level not seen since World War II. Major outlets including the WSJ, Fortune, The Hill and Fox Business all con
U.S. economy grew 2% from January to March, recovering from federal shutdown
The Commerce Department reported U.S. GDP rose 2% in Q1, a rebound from the previous quarter’s modest gain, while the Federal Reserve left rates steady amid rising uncertainty from Iran’s blockade of
Eli Lilly Q1 profit doubles as weight‑loss sales surge
Eli Lilly’s first‑quarter profit more than doubled, driven by a surge in weight‑loss drug sales including Mounjaro and Zepbound, leading the company to lift its 2026 earnings guidance and boost its sh
Polymarket Military Bets Win 51.8% – Insider Edge
While geopolitical shocks—like Iran’s closure of the Strait of Hormuz—keep markets on edge, a new study reveals that Polymarket’s military and defense contracts are being dominated by a tiny insider e
Amazon Earnings, AI Chip Demand, AWS Revenue Up 25%
Amazon posted strong earnings and highlighted AI chip demand, but its stock fell on Thursday as investors took profits, while AWS revenue is projected to significantly jump 25% to $36.6 billion.
Anthropic's Mythos Preview Sparks Corporate War Rooms
Anthropic’s limited Mythos Preview, a powerful AI model capable of exposing software flaws, has spurred a wave of patching across major tech firms and Canadian enterprises. Corporate war rooms are mob
Tech earnings; oil prices surge; Fed decision - what’s moving markets - Investing.com
Tech earnings and a sharp rise in oil prices split the market on Tuesday, with the Dow climbing on strong Caterpillar results while the Nasdaq slipped after investors digested big‑tech reports. A Fede
Earnings Boost Holds Stocks Steady as Oil Rebounds
Earnings-driven optimism kept the S&P 500 perched above 7,100 points while chip stocks slipped after an OpenAI report, and oil’s rebound offset some of the market’s losses. Meanwhile, the Nasdaq conti
Fed Holds Rates Steady as Four Dissents Mark Most in 34 Years
The Federal Reserve held interest rates steady at 3.5%–3.75% on Wednesday in what was likely Jerome Powell's final meeting as chair, but four officials dissented — the most internal opposition at a Fe
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